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Clubs called to secret meeting to delve into NRL's performance
© AAP Image/Dan Himbrechts A dozen club powerbrokers have been invited to a meeting at which they will be told the NRL's $50 million surplus has been overstated by about $30 million.
A dozen club powerbrokers have been invited to a meeting at which they will be told the NRL's much-vaunted $50 million surplus for the financial year has been overstated by about $30 million.
Representatives of 12 of the 16 clubs will gather in Sydney on Thursday to discuss the performance of head office. Four chairs - Wests Tigers, Newcastle, St George Illawarra and Gold Coast - weren't extended an invitation because they are viewed as being beholden to the governing body because they have been given emergency funding or have independent directors appointed by the NRL on their boards.
A leading accounting firm has been engaged to look over ASIC documents in relation to the NRL's financial position amid claims the trumpeted $50 million figure wasn't as impressive when exposed to greater scrutiny.
It's understood independent accountants have pored over the figures to reveal the surplus is about $20 million, a significant drop on the previous financial year.
The next opportunity for the clubs to raise concerns with Rugby League Central will come at an official meeting of the NRL and club chairs scheduled in Melbourne after the second State of Origin game.
While the financial performance of the game is a concern for some clubs, other grievances will also be aired. Other issues to be discussed include crowd numbers, a rise in executive salaries at head office and the impact of the government's stadiums strategy. Clubs such as Manly and those in Sydney's western suburbs believe their infrastructure needs aren't being met and will miss out in ground upgrades if plans to build a 65,000-seat facility in Moore Park go ahead.
"There is no consultation when they are making these decisions," one source said. "You can't tell me we are in a better position now than when the commission was put in place."
There are also concerns that clubs that are well run will be pressured into accepting NRL-appointed "independent" directors to their boards.
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Here we go again!
The well run clubs should tell the NRL "NO!" ...no independent directors/Chairpersons on their boards.
They should also tell the NRL just why the crowds are down etc.
Clubs called to secret meeting to delve into NRL's performance
© AAP Image/Dan Himbrechts A dozen club powerbrokers have been invited to a meeting at which they will be told the NRL's $50 million surplus has been overstated by about $30 million.
A dozen club powerbrokers have been invited to a meeting at which they will be told the NRL's much-vaunted $50 million surplus for the financial year has been overstated by about $30 million.
Representatives of 12 of the 16 clubs will gather in Sydney on Thursday to discuss the performance of head office. Four chairs - Wests Tigers, Newcastle, St George Illawarra and Gold Coast - weren't extended an invitation because they are viewed as being beholden to the governing body because they have been given emergency funding or have independent directors appointed by the NRL on their boards.
A leading accounting firm has been engaged to look over ASIC documents in relation to the NRL's financial position amid claims the trumpeted $50 million figure wasn't as impressive when exposed to greater scrutiny.
It's understood independent accountants have pored over the figures to reveal the surplus is about $20 million, a significant drop on the previous financial year.
The next opportunity for the clubs to raise concerns with Rugby League Central will come at an official meeting of the NRL and club chairs scheduled in Melbourne after the second State of Origin game.
While the financial performance of the game is a concern for some clubs, other grievances will also be aired. Other issues to be discussed include crowd numbers, a rise in executive salaries at head office and the impact of the government's stadiums strategy. Clubs such as Manly and those in Sydney's western suburbs believe their infrastructure needs aren't being met and will miss out in ground upgrades if plans to build a 65,000-seat facility in Moore Park go ahead.
"There is no consultation when they are making these decisions," one source said. "You can't tell me we are in a better position now than when the commission was put in place."
There are also concerns that clubs that are well run will be pressured into accepting NRL-appointed "independent" directors to their boards.
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Here we go again!
The well run clubs should tell the NRL "NO!" ...no independent directors/Chairpersons on their boards.
They should also tell the NRL just why the crowds are down etc.
Triple quarter pounders?
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